Vicious Nothings Whispered into my Ear
The rumors are that Citi is going to be taken over. Investment bank goes to State Street. Deposits will be split between Morgan Stanley and Goldman Sachs. Keep in mind this is just a rumor…
What isn’t a rumor, however, is that someone did a trade in their personal account in the morning against Goldman Sachs. By the end of the day they tried to do another trade involving Goldman Sachs and were told that it was on the “restricted list.” Something is going on.
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December 2, 2008 at 9:18 am
Good call.
December 2, 2008 at 6:55 pm
Technically it wasn’t a “call” … But I doubt we’ve heard the last of this. Especially since Goldman, just today, got it’s banking license. We’ll see.
-DJT